The GDP in Canada expanded an annualized 2.6% in the third quarter of 2025, rebounding from a 1.8% drop in the previous period, and much higher than forecasts of 0.5%. It is the strongest increase in GDP this year, with imports sinking 8.6% while exports rose 0.7%. Also, investment surged 2.3%, mostly in residential structures (6.7%). Government investment also soared 12.2% while household spending declined 0.4%. source: Statistics Canada

GDP Growth Annualized in Canada averaged 2.99 percent from 1961 until 2025, reaching an all time high of 36.30 percent in the third quarter of 2020 and a record low of -44.00 percent in the second quarter of 2020. This page provides - Canada Gdp Growth Annualized - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada GDP Growth Annualized - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

GDP Growth Annualized in Canada is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada GDP Growth Annualized is projected to trend around 1.60 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-29 12:30 PM
Annualized
Q2 -1.6% 2.0% -0.6% -0.3%
2025-11-28 01:30 PM
Annualized
Q3 2.6% -1.8% 0.5% 0.4%
2026-02-27 01:30 PM
Annualized
Q4 2.6%


Related Last Previous Unit Reference
GDP Annual Growth Rate 1.40 1.60 percent Sep 2025
GDP Constant Prices 2502070.00 2486045.00 CAD Million Sep 2025
GDP from Agriculture 47709.00 47960.00 CAD Million Oct 2025
GDP from Construction 169743.00 170364.00 CAD Million Oct 2025
GDP from Manufacturing 199728.00 202697.00 CAD Million Oct 2025
GDP from Mining 119804.00 120475.00 CAD Million Oct 2025
GDP from Public Administration 167741.00 167516.00 CAD Million Oct 2025
GDP from Services 1742734.00 1745638.00 CAD Million Oct 2025
GDP from Transport 101628.00 102785.00 CAD Million Oct 2025
GDP from Utilities 45114.00 45097.00 CAD Million Oct 2025
GDP Growth Rate Annualized 2.60 -1.80 percent Sep 2025
GDP Growth Rate 0.60 -0.50 percent Sep 2025
Gross Fixed Capital Formation 530051.00 527092.00 CAD Million Sep 2025
Gross National Product 3219032.00 3169760.00 CAD Million Sep 2025


Canada GDP Growth Annualized
GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. On the expenditure side, household consumption is the main component of GDP and accounts for 58 percent of its total use, followed by gross fixed capital formation (22 percent) and government expenditure (19 percent). Exports of goods and services account for 32 percent of GDP while imports account for 33 percent, subtracting 1 percent of total GDP. Non-profit institutions serving households' final consumption expenditure and investment in inventories account for the remaining 2 percent.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 -1.80 36.30 -44.00 1961 - 2025 percent Quarterly
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